Figma, Inc. $FIG Shares Sold by Brighton Jones LLC

Brighton Jones LLC reduced its position in shares of Figma, Inc. (NYSE:FIG) by 15.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 236,425 shares of the company’s stock after selling 43,101 shares during the period. Brighton Jones LLC’s holdings in Figma were worth $4,970,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Parallel Advisors LLC increased its stake in shares of Figma by 3,890.0% in the 1st quarter. Parallel Advisors LLC now owns 1,197 shares of the company’s stock valued at $25,000 after purchasing an additional 1,167 shares in the last quarter. Sunbelt Securities Inc. boosted its position in Figma by 287.0% during the first quarter. Sunbelt Securities Inc. now owns 2,225 shares of the company’s stock worth $47,000 after purchasing an additional 1,650 shares in the last quarter. Atlantic Private Wealth LLC purchased a new position in Figma during the first quarter worth approximately $74,000. IFP Advisors Inc boosted its position in Figma by 176.1% during the second quarter. IFP Advisors Inc now owns 4,327 shares of the company’s stock worth $78,000 after purchasing an additional 2,760 shares in the last quarter. Finally, Paragon Capital Management Ltd acquired a new stake in Figma in the third quarter valued at approximately $210,000.

Figma News Roundup

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Q3 revenue rose 42.8% year over year to $391.4 million, while adjusted earnings of $0.10 per share beat estimates. Figma also raised its 2026 revenue outlook to $1.497 billion–$1.499 billion and forecast Q4 revenue of $402 million–$404 million. Figma Q3 earnings report
• Positive Sentiment: Figma said repricing AI credits increased user utilization by 40%. Its plans to monetize AI features and develop an in-house design model could create additional growth opportunities. Figma earnings takeaways
• Neutral Sentiment: Figma’s CAO and general counsel reported share sales under pre-arranged Rule 10b5-1 plans. Both retained substantial holdings, limiting the significance of the sales as a standalone signal. Figma insider transactions
• Negative Sentiment: Despite the earnings beat and improved guidance, investors are concerned that building and delivering AI features could be costly and pressure margins as Figma invests for long-term growth. Investor concerns about AI costs
• Negative Sentiment: JPMorgan and RBC lowered their price targets to $24 and maintained neutral or sector-perform ratings, reinforcing a cautious view after the results. JPMorgan analyst update

Insiders Place Their Bets

In other Figma news, General Counsel Brendan Mulligan sold 11,599 shares of the business’s stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an average price of $21.30, for a total transaction of $247,058.70. Following the completion of the sale, the general counsel directly owned 555,656 shares in the company, valued at approximately $11,835,472.80. The trade was a 2.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tyler Herb sold 1,418 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $21.62, for a total value of $30,657.16. Following the transaction, the chief accounting officer directly owned 246,130 shares of the company’s stock, valued at $5,321,330.60. The trade was a 0.57% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 381,052 shares of company stock worth $10,495,182. Corporate insiders own 32.26% of the company’s stock.

Figma Stock Down 0.1%

FIG stock opened at $18.79 on Monday. The stock has a market capitalization of $8.60 billion, a P/E ratio of -17.56 and a beta of 1.16. The firm has a 50-day simple moving average of $22.62 and a 200-day simple moving average of $22.96. Figma, Inc. has a 52 week low of $16.60 and a 52 week high of $45.42.

Figma (NYSE:FIG) last released its quarterly earnings results on Wednesday, November 4th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($0.22) by $0.32. The firm had revenue of $391.42 million during the quarter. Figma had a negative net margin of 40.21% and a negative return on equity of 32.80%. The firm’s revenue for the quarter was up 42.8% on a year-over-year basis. During the same quarter last year, the company earned $0.10 EPS. On average, analysts expect that Figma, Inc. will post -0.75 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on FIG. Telsey Advisory Group began coverage on Figma in a report on Monday, November 2nd. They issued a “hold” rating on the stock. Weiss Ratings raised Figma from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, October 6th. Morgan Stanley set a $33.00 target price on Figma in a research note on Thursday, August 6th. Piper Sandler reiterated an “overweight” rating on shares of Figma in a research report on Monday, October 26th. Finally, KeyCorp initiated coverage on shares of Figma in a research note on Monday, September 14th. They issued a “sector weight” rating on the stock. Four equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $28.80.

Figma Profile

Figma, Inc develops browser-based software for designing and building digital products. Its platform supports collaborative interface design, interactive prototyping and workflows that help teams plan, create and refine websites, apps and other digital experiences.

Figma’s products include Figma Design for interface design and prototyping, FigJam for online whiteboarding and brainstorming, and Dev Mode, which helps developers inspect designs and access implementation details. Figma Slides provides tools for creating and presenting slide decks.

Founded in 2012 by Dylan Field and Evan Wallace, the company serves organizations and individuals around the world through its collaborative software platform.